Energy Transition Minerals Ltd (OTCMKTS:GDLNF – Get Free Report) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 440,572 shares, a decline of 54.4% from the August 31st total of 965,759 shares. Based on an average daily trading volume, of 438,759 shares, the short-interest ratio is presently 1.0 days.
Energy Transition Minerals Trading Down 12.0%
GDLNF stock traded down $0.01 during midday trading on Monday, reaching $0.04. The stock had a trading volume of 564,777 shares, compared to its average volume of 703,955. Energy Transition Minerals has a 52-week low of $0.03 and a 52-week high of $0.16. The company’s fifty day simple moving average is $0.04 and its 200 day simple moving average is $0.04.
About Energy Transition Minerals
Energy Transition Minerals Limited is an Australia-based mineral exploration and development company focused on commodities used in the energy transition, including rare earth elements and uranium. The company was formerly known as Greenland Minerals Limited before adopting its current name.
Its principal asset is the Kvanefjeld Project in southern Greenland, a large, multielement mineral project that contains rare earth elements, uranium and zinc. The project includes the Kvanefjeld, Sørensen and Zone 3 deposits and has been the company’s primary focus as it evaluates the potential development of a long-term source of strategic minerals.
Energy Transition Minerals has also maintained interests in other exploration opportunities, including projects in Australia.
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